Shares of Stampede Drilling Inc. (CVE:SDI – Get Free Report) dropped 13% during mid-day trading on Wednesday . The company traded as low as C$0.20 and last traded at C$0.20. 377,350 shares changed hands during trading, an increase of 191% from the average session volume of 129,890 shares. The stock had previously closed at C$0.23.
Stampede Drilling Trading Down 10.9%
The business has a fifty day moving average price of C$0.22 and a 200 day moving average price of C$0.19. The company has a market capitalization of C$40.22 million, a PE ratio of 10.25 and a beta of 0.31. The company has a debt-to-equity ratio of 20.35, a quick ratio of 0.82 and a current ratio of 1.23.
About Stampede Drilling
Stampede Drilling Inc provides oilfield services to the oil and natural gas industry in North America. It provides drilling rig services; and operates a fleet of telescopic double and triple drilling rigs. The company was formerly known as MATRRIX Energy Technologies Inc and changed its name to Stampede Drilling Inc in May 2019. Stampede Drilling Inc is headquartered in Calgary, Canada.
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